Tuesday, 6 August 2013

Take Big Data by its horns

The huge amount of data at our disposal is a colossal problem. However, investing in the right tools can give you the power to deal with the ‘Big Data’ predicament.  Companies are currently doing their best to harness the available data – which is humongous – to drive their marketing campaigns.  Big data makes their task difficult.
However, there are ways to deal with the overload of available information. The most important method is to identify the most relevant information required to get you what you want to achieve.
The biggest hurdle is to find the right data from the big data. You cannot utilize data to your advantage unless you have the relevant data with you. All your marketing efforts will bear no fruits if they are based on irrelevant data.
Investing in big data technology is the right way to go. Software such as business intelligence tools can help you in identifying right data. The sorting and analysis process can be accomplished manually after that. So, a combination of automated and manual effort is crucial. Machine and man together can defeat the monster called ‘Big Data’.
Analyzing big data as opposed to simply using data mining tools can be beneficial in several ways, such as enabling decisions based on hard evidence across an organization and knowing that all data assets are being used to their best possible effect.

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